HP (HPQ) shares dropped 6% after issuing a weak forecast and announcing up to 6,000 job cuts despite beating quarterly earnings estimates. The Trump administration secured a 71% Medicare discount on ...
HP Inc. said that it will lay off 4,000 to 6,000 employees in favor of AI deployments, claiming it will help save $1 billion in annualized gross run rate by the end of its fiscal 2028. HP expects to ...
HP Inc will sack between 4,000 and 6,000 workers under a plan that calls for the PCs-and-printers prodigy to use AI to improve its operations. President and CEO Enrique Lores announced the plan on ...